Replies to post #12417 on Charlotte's Web Holdings Inc (CWBHF)

[Trulio_217]

What I can't get around with CVSI's earnings report and call is that revenues fell 25%, yet online sales increased substantially while CVSI increased their footprint at national retail chains. The increase in online sales came against all competitors, but their increased footprint at retailers did not come against all competitors, just the ones against whom CVSI competes for shelf space. Of course, all of its competitors at these same stores might have seen their revenues fall. We won't know that yet. I would be curious to see if CVSI's unit sales fell Q-to-Q so one could deduce that CVSI, in the face of competition, started slashing prices. Anyway, we will find out more next week when CW reports.

[deadjim]

I think if CW was going higher overall, in the medium term, the stock wouldn't have broken under 14/15, and right now as it remains weak, it surely looks like a CV type haircut is coming. I like CW marketing, box and design, but the literature is sure corny as hell and prices a bit steep. I'll keep watching for a rally but its sure acting like its unable to